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Property profile & analytics
OFF-MARKET
Estimated value
$9,475,000
Warehouses
3230 Trade Ctr Dr Riverside, CA 92507-3432
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-4352942
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1984
Construction
TILT-UP CONCRETE
Total area
45,000 SF
Lot
2.27 ac (98,881 SF)
Zoning code
R1
APN
250-070-023
UPID
US09-4352942
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Express Handyman Services Hardware & Home Improvement General Contractor
-
American Sleep Store Medical Supply Store
-
RightSpace Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.91M
CAP Approach
CAP
$10.35M
Comparable Approach
Comparable
$7.76M
Blend (final)
Blend
$9.48M
Owner & transaction history
Alliant Storage LLC · 4 yrs held
Alliant Storage LLC
since 2021
Last sale
$8.0M
3 recorded transactions
Zoning & alternative use
R1 · Riverside, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Riverside submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Riverside submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$11,825,000
ML approach
$10,905,000
CAP Approach
CAP Return
Estimation
6%
$11,215,000
6.5%
$10,350,000
7%
$9,615,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$14,595,000
Current use
MEDICAL BUILDING
$13,135,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$9.48M
Range $8.53M – $10.42M · ±10% · vs last sale $8.00M (Nov 9 2021)
Last sale anchor
$8.00M
Nov 9 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$211 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$91,546
Tax year 2024
Assessed value
$8,323,200
Assessed 2024
Previous assessed
$8,323,200
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$1,165,248
Assessed improvement
$7,157,952
Applied tax rate
9.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1984
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
45,000 SF
Lot
2.27 ac (98,881 SF)
Zoning code
R1
APN
250-070-023
UPID
US09-4352942
Jurisdiction
RIVERSIDE
Zoning & alternative use
R1 · Riverside, CA
Zoning R1 · permitted uses
R1 · Riverside, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Riverside. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$14.6M
MEDICAL BUILDING
Est. value
$13.1M
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1984
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
2.27 ac
Current owner
From public records · entity-resolved
Alliant Storage LLC
Entity
Free & Clear · 4 yrs held
Mailing address
33741 SHAMROCK LN, SAN JUAN CAPISTRANO, CA 92675-4952
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 9, 2021
$8,000,000
Alliant Storage LLC
Riverside Storage
Grant Deed
—
—
—
Riverside Storag
—
Deed Of Trust
related
$288,000 · Riverside Equiti
—
—
Riverside Storag
—
Deed Of Trust
related
$35,400 · Group Investor S
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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